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Do you have to have a repossession license to repo a car if you work for or own the car lot that is repossessing it?


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2015-07-15 18:32:44
2015-07-15 18:32:44

general rule NO, but check with your state to be sure

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Yes, there are. Most repossession services are actual towing companies who also do repossession work.

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Neither are good. Call the lender and work something out. a repo is a repo by any standard ,they will sell the unit and go after you for the deficiency no matter what.it will be on your credit as a repo. You will not have to pay the towing and fees associated with the repo. That is the only difference.

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A repossession can be executed anyplace or time that a person holding the repossession order sees the vehicle in question, as long as the repo man does not violate the law in doing so. That said, Florida law does not restrict repossession according to location.

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contact your repossession companies, car dealerships in your area


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